The National Energy Regulator of South Africa (NERSA) has announced that the Energy Regulator approved the Renewable Energy Feed-In Tariff guidelines for the country.
The feed-in tariff for electricity from wind energy will be 1.25 South African Rand (EUR0.098;$0.131) per kWh over a period of 20 years.
The World Wind Energy Association (WWEA) welcomed the news. Stefan Gsänger, Secretary General of WWEA, said: "Many small and big investors will now be able to contribute to the take-off of the wind industry in the country. Such decentralised investment will enable South Africa to overcome its current energy crisis."
The feed-in tariff for electricity from wind energy will be 1.25 South African Rand (EUR0.098;$0.131) per kWh over a period of 20 years.
The World Wind Energy Association (WWEA) welcomed the news. Stefan Gsänger, Secretary General of WWEA, said: "Many small and big investors will now be able to contribute to the take-off of the wind industry in the country. Such decentralised investment will enable South Africa to overcome its current energy crisis."
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